What is CPI?The Consumer Price Index (CPI) is a key economic indicator that measures the change in the prices of a basket of goods and services commonly purchased by U.S. consumers. It is used to assess inflation or deflation by tracking changes in consumers' purchasing power over time.
🔑Key Points: Consumer Price Index (CPI)
💡Definition:
A weighted average of prices for a basket of goods and services representing typical U.S. consumer spending.
📌 Purpose:
Tracks inflation (rising prices) or deflation (falling prices).
Measures changes in consumers' purchasing power.
🚨 Calculated By: The Bureau of Labor Statistics (BLS).
⚠️ Release Timing:
📍 Published monthly by the U.S. Bureau of Labor Statistics (BLS) during
the second week of the month.
💡Economic Impact: Central Banks Use CPI:
✅Expansionary Policy: Stimulates the economy if growth slows.
✅Contractionary Policy: Slows the economy if growth is too rapid.
💡 Significance:
A widely used indicator for adjusting wages, pensions, and other financial instruments to account for inflation.
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( This News Are So MANIPULATED, its mean both side moment are seen)
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